Sun Coast Marine Surveying & Consulting

REPORT OF MARINE SURVEY

Pre-Purchase Condition & Value.
of the vessel

"Osprey" 1987 Hershine 37 Trawler

PREPARED EXCLUSIVELY FOR: Mr. Mark DeCicco P.O. Box 1482 Pocasset MA 02559 CONDUCTED BY: J. Chet Stephens SA
on

January 27th 2014

Sun Coast Marine Surveying & Consulting "Serving All Of Florida" 888-734-7446

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 1 of 80

SURVEY REPORT TABLE OF CONTENTS

Major Systems Surveyed

SURVEY SCOPE & GENERAL INFORMATION EXTERIOR HULL & BOTTOM INSPECTION INTERIOR HULL & STRUCTURAL INSPECTION TOP DECK & SUPERSTRUCTURE HELM & NAVIGATION ELECTRONICS CABIN INTERIOR APPOINTMENTS ELECTRICAL SYSTEMS INBOARD PROPULSION SYSTEM STEERING SYSTEM TANKAGE SAFETY EQUIPMENT SEA TRIAL

Page No.
5 8 19 21 28 35 45 57 65 66 71 76

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 2 of 80

INTRODUCTION

REPORT INTRODUCTION COMMENTS:

At the request of Mr. Mark DeCicco, the prospective buyer of a Hershine Newburyport Trawler, a 1987 37 foot power boat, I agreed to conduct a pre-purchase and valuation survey. I arrived at the vessel's location on January 27th 2014 at 9:00AM and met with the current vessel owner Mr. Geoffrey Dawson. Mr. Mark DeCicco and Laura DiSangro arrived at 10:00 AM. The vessel was located at the Riviera Dunes Marina located at 102 Riviera Dunes Way Palmetto, FL 34221. The survey was conducted from 9:00 AM to 4:00 PM. The weather on the day of the survey was moderate with partly cloudy skies and light rain. Moisture readings were taken of the vessel with a calibrated Model GRP 33 Marine Moisture Meter. DC power was made available during the survey to the vessel. AC power was available from the ships shore power in addition to the vessels onboard generator. The vessel's single diesel engine was started and operated during the sea trial. During a vessel's survey the mandatory standards promulgated by the United States Coast Guard (USCG), under the authority of title 46 United States Code (USC), Title 33, and Title 46, Code of Federal Regulations (CFR), and the voluntary standards and recommended practices developed by the American Boat and Yacht Council (ABYC), and the National Fire Protection Association (NFPA) have been used as guidelines in the conduct of this survey. Findings in the summary pages of this survey reflect conditions observed at the time of survey.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 3 of 80

DEFINITION OF TERMS The following terms and words have the following meanings as used in this report of survey: APPEARS - Indicates that a very close inspection of the particular system, component, or item was not possible due to constraints imposed upon the surveyor (e.g. no power available, inability to remove panels, or requirements not to conduct destructive tests). FIT FOR INTENDED SERVICE - Service for which is intended by Survey Purchaser (present or prospective owner). ADEQUATE - Sufficient for a specific requirement. POWERS UP - Power was applied only. This does not refer to the operation of any system or component unless specifically indicated. EXCELLENT CONDITION - New or like new. GOOD CONDITION - Nearly new, with only minor cosmetic or structural discrepancies noted. AVERAGE CONDITION - Denotes that the system, component, or item is functional as is with minor repairs. POOR CONDITION - Unusable as is. Requires replacement of system, component or item to be considered functional. USE OF *- Use of * in the body of this report will indicate that a finding will be listed in the "Findings and Recommendations" section pertaining to the * item or the use of the text colors red, blue , and green.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 4 of 80

SURVEY SCOPE & GENERAL INFORMATION

SCOPE OF SURVEY
Report File No: Date/Time of Survey: Date of Written Report: Conducted By: Requested by: Purpose of Survey: Intended Use: Vessel Surveyed At: Weather Conditions: How Survey Conducted: Sea trail: Electrical Systems Checked: Moisture Checks: Surveyor Qualification: 14-0007 1987 Hershine Newburyport 37. January 27th, 2014. January 28th, 2014. J. Chet Stephens SA. This survey was performed at the request of the purchaser, Mr. Mark DeCicco, who was present at the time of the survey. Assess the overall condition and value of vessel for pre-purchase decision making. Pleasure-Coastal and Inland Waterways. Riviera Dunes Marine 102 Riviera Dunes Way Palmetto FL 34221. 74 degrees and on and off again rain. The vessel was surveyed both while afloat & hauled out of the water. A sea trial was performed as part of this survey. The results are included in the Sea Trail section. AC shore power was used to check AC electrical systems. DC power was used to check DC electrical systems. The calibrated Electrophysics moisture meter, Model GRP33 was used for moisture readings referenced in this report. The surveyor is a member of SAMS (Society of Accredited Marine Surveyors), and a Certified Standards Technician with ABYC (American Boat and Yacht Council)

VESSEL CONDITION & VALUE

Condition Rating: Estimated Fair Market Value: Estimated Replacement Cost: NOTE: ABOVE AVERAGE CONDITION. $68,000.00. $350,000.00. The overall vessel condition and value was established after a complete inspection of stated vessel, the results of which are included in this report of survey. The estimated fair market value and replacement cost includes all listed auxiliary equipment. See "Condition & Value Summary" section for additional details. Mr. Mark DeCicco. P.O. Box 1482. Pocasset MA 02559. 508-364-5303. 1987 Hershine 37 Trawler. Osprey. Ashland OR.

SURVEY REQUESTED BY
Client Name: Street Address: City/State/Zip: Business phone: Cellular Phone:

VESSEL INFORMATION
Vessel Yr/Make/Model: Vessel Name: Hailing port:

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 5 of 80

Hull ID Number Verification:

State validation sticker: Registration Sighted:

MQN37809K687. Expired.

Manufacturer/Builder: Vessel Description:

Yes. Heritage Yachts International Huntington Harbor, CA. Galley up. Salon has L-shaped settee to port w/ Hi/Lo double leaf table, with pad to convert to double berth. Lower helm fwd stbd with side door. Portside
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 6 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

sliding door is aft of dinette. Galley is aft of helmseat along stbd wall.Master stateroom aft with walkaround queen berth, hanging locker, and numerous drawers and cabinets. Ensuite head has separate stall shower. Guest stateroom forward with V-berths and head.Teak parquet flooring throughout boat in excellent condition. Very clean engine room. U.S.C.G. Official Documentation No:

Documented use: Documented home port: Documented Length: Documented Breadth: Documented Depth: Documented Gross Tons: Documented net tons: Type: Length overall (L.O.A.): Beam: Draft: Displacement:

924647. Recreational. Ashland OR. 36'5" 13'2" 8'9" 28 GRT. 22 NRT. Fiberglass, Planing, Deep Vee hull, Conventional sheer, Motor Yacht. 37' 13'2" 3'10" 22,000 LBS. This survey was completed using as reference the federal regulations and amendments issued and enforced by the United States Coast Guard under the authority of Title 33 and Title 46 of the United States Code of Federal Regulations (CFR's). In addition the American Boat and Yacht Council (ABYC) and National Fire Protection Association (NFPA-302) voluntary standards were used as reference during the survey. These ABYC and NFPA voluntary standard practices are generally followed by most vessel manufacturers today. All systems and components inspected and described herein are considered serviceable and/or functional except as indicated in the survey report and recommendations section. Electronic devices and instruments were checked for power up only - not for functionality. If a component is not identified in this report, it was not inspected. "Priority I Recommendations" are related to Safety & Regulatory findings and
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 7 of 80

VESSEL SPECIFICATIONS

SURVEY STANDARDS
Standards Followed:

SURVEY INSPECTION COMMENTS

Comments:

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

are listed in RED in the report. "Priority II Recommendations" are related to Maintenance & Standards findings and are listed in BLUE in the report. "Other Recommendations" are findings that are relatively minor in nature and are listed in GREEN in the report. It is the nature of marine vessels that deterioration, wear and accidents do occur and as such, this report therefore represents the condition of the vessel only at the time the survey was conducted.

EXTERIOR HULL & BOTTOM INSPECTION

HULL EXTERIOR
Construction Material:

Fiberglass, with white gel coat surface.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 8 of 80

Stem:

Solid, no cracks on external inspection. Moisture readings relatively Dry. Side thru hull fittings:

Stainless steel mushroom used for Cockpit/Deck drains, Bilge/Sump drains, A/C discharge drain(s), Generator exhaust, Vents also sighted for: Fuel vent, Water tank
Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 9 of 80

vent, Waste tank vent, All thru hull fittings are adequately secured and sealed to hull. Rub Rail:

Rub rail is stainless steel on teak backing. Well secured in good condition with only minor scrapes. Transom:

Conventional transom, Well secured, no cracks or defects sighted. Moisture readings were relatively Dry. No delamination when checked with a percussion hammer.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 10 of 80

Transom thru hull fittings:

Stainless steel mushroom head fittings used for; Cockpit/Deck drains, Engine exhaust, All thru hull fittings are adequately secured and sealed to transom. Swim Platform

Boarding ladder: Aft Deck: Hull Cosmetics:

Teak platform attached and well secured. Teak in excellent condition. The boarding ladder is Stainless steel drop down that is mounted The ladder rungs. have teak steps, The ladder is well secured. Teak steps to fly bridge.

Hull cosmetics are in good condition-minor nicks and scratches.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 11 of 80

Moisture/Delamination:

All moisture meter readings on side hull near the water line and surrounding thru hull fittings were relatively dry with normal comparative moisture meter readings. Thermal Images

Condition Summary:

No anomalies were sighted when scanned using a FLIR thermal camera. Good Condition.

HULL BOTTOM

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 12 of 80

Construction Material:

Bottom paint:

Fiberglass, bottom was power washed before inspection to remove algae growth on bottom. Anti-fouling bottom paint in need of renewal. RECOMMENDATION: Remove all loose flaking paint, prep and repaint entire bottom with fresh bottom paint before next launch.

Osmotic blistering:

Blister Comments:

Early stage osmotic blistering noted (blisters are small and hard) ----- monitor condition at future haul outs and correct when blisters become larger or are easily broken. Blisters are an unknown factor on all boats and if not currently present, there is no guarantee that they will not appear in the future. Blisters have a tendency to dry out over winter storage unless severe or large. Blisters (if any) best appear after vessel has been in water for an entire season. In addition, the symptomatic evidence of blistering can be obscured by bottom coatings, a dry storage period during which blisters spontaneously depressurize, bottom laminate sanding, and
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 13 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Moisture/Delamination:

Grounding damage: Strainers/Scoops/Screens:

other conditions or actions. Recommend full inspection for blisters immediately after haul-out and power wash. Surveyor has no firsthand knowledge of the history of bottom maintenance, blistering, repairs or prophylactic coatings on this vessel. Moisture meter readings not taken since the type of bottom paint used would provide false moisture readings. Percussion hammer testing showed no evidence of any delamination on hull bottom. None noted.

All strainers/screens are well secured to hull bottom. Clear of debris & zebra mussels. Transducers:

Transducers for speed and depth are adequately sealed and bonded to the hull. The speed transducer spins freely.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 14 of 80

Thru Hull fittings:

Mushroom type bronze fittings for all below water line sea cock locations. Well secured to hull bottom. Thermal Imagine

No anomalies were sighted when scanned using a FLIR thermal camera. Average Condition. Condition summary: Findings: Recommendations: Early stage osmotic blistering noted (blisters are small Monitor condition at future haul outs and correct when and hard) blisters become larger or are easily broken.

PROPELLER(S)/SHAFT(S) / STRUT(S)
Prop(s) description:

Prop has four blades and is made of bronze alloy, Prop is in good condition with no
Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 15 of 80

cracks, corrosion or bent, nicked or chipped blades. Shaft size / material:

Shaft size is 1-1/2" and made of Stainless steel. No pitting, cracks or corrosion sighted. Cutless (shaft) bearing(s):

Condition summary:

Good condition. No play found in cutless bearing. Average Condition.

RUDDER(S)

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 16 of 80

Rudder type:

Rudder alignment/swing: Condition summary:

Bronze, Spade, Well secured. No abnormal horizontal or fore/aft movement in rudder. Full rudder swing to both port and starboard shows equal amount of travel. Good Condition.

ANODES

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 17 of 80

Rudder:

Yes, needs replacement. Hull mounted:

Bonding: Other Notes:

"Camp" anode securely mounted on transom. Good condition. No deterioration sighted. Yes. Monitor all anodes frequently and replace when they are no more than 50% wasted. Anodes are normal replacement items designed to protect the running gear
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 18 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

from electrolysis. Keep spares aboard vessel. Findings: Recommendations: Rudder anode appears to be more then 40% wasted. Replace rudder anode.

INTERIOR HULL & STRUCTURAL INSPECTION

HULL INTERIOR & STRUCTURAL COMPONENTS
Hull to Deck Joint: Bilge(s): Overlap (Shoe box type), Elastomeric compound sighted in hull to deck joint. No leaks sighted thru any part of hull to deck joint area Clean and dry. NOTE: Whenever you visit your boat, it's good practice to check the bilge area(s) for higher than normal levels of water or anything else that could be causing trouble.

Stringers:

Bulkheads:

Stem: Inside of Transom: Condition summary: Sea Valves: Sea valves used for:

Hull stiffness provided by FRP covered wooden longitudinal stringers that run the length of the vessel. Complete inspection not possible due to limited access. Stringers were sighted in the engine compartment and under cabin sole and are well glassed into hull where sighted. Stringers sounded with hammer where accessible and appeared very sound. No soft spots, separation, cracks rotting or splitting sighted. Limber holes appear to be adequately sealed where sighted. Stringers checked with Moisture meter where accessible and all readings were relatively Dry. Athwartships reinforcement enhanced by structural bulkheads bonded to the hull with FRP (fiber reinforced plastic). All tabbing appears serviceable and sound with no cracks or separation of tabbing sighted in any compartments. No visual evidence of movement sighted in any bulkhead. Solid stem, no cracks or separation sighted inside. Reinforced. Secure-no cracks or separation sighted. Good Condition. Bronze seacock ball valve(s) installed. Air Conditioner(s) raw water intake(s), Engine(s) raw water intake(s), Generator raw water intake, Galley sink drain, Head raw water flush intake. Shower drain, Sink drain, Toilet discharge(s), Waste holding tank(s) discharge.

ALL THRU HULL FITTINGS

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 19 of 80

Sea Valve Condition:

Sea valves are all functional. Sea strainers:

Internal strainer(s) installed for air conditioner raw water pickup.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 20 of 80

Transducers:

Condition Summary:

Speed & Depth transducers are adequately sealed. No leakage sighted. All sea valves in like good condition and all valves are operable. Note: Tapered wooden plugs tied to sea valves are an inexpensive safety item and highly recommended under current ABYC standards.

TOP DECK & SUPERSTRUCTURE

MAIN DECK & FITTINGS
Deck Surface:

Moisture/Delamination: Toe Rail(s):

Molded fiberglass with Balsa core sandwich construction. Teak top deck over fiberglass. Good condition. Deck is solid under foot, no soft spots discovered and no visible cracks or chips sighted. Moisture meter readings not taken due to wet deck surface. Molded in, no cracks or separation sighted.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 21 of 80

Anchor platform:

Stainless steel with anchor roller. Well secured-no cracks sighted. Anchor/chain locker:

Below deck accessed from V-berth area. Lines/chain run thru deck pipe.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 22 of 80

Windlass:

Vetus brand windless. Deck controls only, unit powered up. Bow Pulpit/Rail:

Stainless steel with teak rails. Well secured.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 23 of 80

Stanchions/Side Rail(s):

Stainless steel, well secured. Boarding gate:

Port and starboard sides have boarding gates. Cleats & Fairleads:

Joinery Stress: Cabin (house) to Deck Joint:

Horn cleats are all well secured to deck and functional. None noted. Molded in -- no stress cracks noted.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 24 of 80

Deck Hatches:

Yes, well secured, seals in good condition, support arm(s) in place. Windshield:

Three individual panes. Stern Pulpit/Push Pit:

Thermal Imaging Condition Summary:

Teak capped with stainless steel stanchions. No thermal anomalies were sighted on the decks using a FLIR thermal camera. Good Condition.

BRIDGE DECK / COCKPIT

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 25 of 80

Cockpit & Helm Seating

Bridge deck helm seating is two bench seats port and starboard. Salon helm is single seat. Sole:

FRP (fiber reinforced plastic) with molded in non skid on bridge deck. Teak and holly in the salon.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 26 of 80

Canvas:

Full canvas enclosure. Bimini was installed during the survey. Storage:

On the bridge deck there is storage under the seats and forward bulkhead. Engine access hatch(es):

Top/superstructure:

In main salon sole. FRP hard top that is well secured.

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 27 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Moisture/Delamination: Condition Summary:

All moisture meter readings on sole were relatively dry with normal comparative moisture meter readings. Good Condition.

HELM & NAVIGATION ELECTRONICS

NAVIGATION ELECTRONICS
Helm Station:

Electronics on bridge deck and at main salon helm station. Compass(es):

6" Ritchie, Powerdamp, mounted on cockpit bulkhead, Lower helm, Appears functional. VHF Radio(s):

ICOM IC 504 at the lower helm, Standard Horizon on the bridge deck helm. Both units powered up.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 28 of 80

Loud hailer(s):

Integrated with VHF radio at lower helm, Tests OK. Autopilot(s):

Raymarine ST6000, controlled from both helms. Unit performed correctly during sea trial. Depth Sounder(s):

Raymarine ST 60 Powers up.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 29 of 80

Radar:

Furuno, unit powered up and located targets. Chart Plotter(s):

Raymarine C80 at the lower helm. Unit powers up operated correctly.

ENGINE INSTRUMENTS AND CONTROLS

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 30 of 80

Throttle and Shift Controls:

Morse, Separate lever for engine throttle and shift control, control works smoothly. Engine Room Blowers:

Engine room blower(s) power up and are fully functional.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 31 of 80

Engine Status:

Panel Lights: Hour Meter(s):

OEM -VDO instruments. All panel lights are functional.

Main Engine: 5193.50 HOURS. RPM:

OEM.
Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 32 of 80

Condition Summary: Antenna(s):

Good Condition.

OTHER ELECTRONICS AND CONTROLS

VHF, Radar, GPS.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 33 of 80

Bilge pump switches:

One bilge pump switch-- powers up bilge pump. Spotlight controls:

Condition summary:

ITT Jabsco. Powers up and turns properly port/starboard/up/down. Good Condition.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 34 of 80

CABIN INTERIOR APPOINTMENTS

MAIN SALON
Style:

Traditional, Teak bulkheads, Clean and unmarred. Sole:

Teak & holly cabin sole installed and is in good condition. Throw rugs have been placed in heavy traffic areas.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 35 of 80

Headliner:

Bulkheads: Doors: Engine access:

White vinyl, clean and well fastened. No tears or stains sighted. Teak bulkheads. Teak.

Framing Trim: Water intrusion signs: Seat Cushions:

In cabin sole. Teak trim around all doors and counter tops. No evidence sighted.

Cloth covered very good condition-no holes or tears sighted.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 36 of 80

Curtains:

Light fixtures: Storage: Cabin fans: Clock/Barometer:

Yes, -- cloth curtains, folding shades. 12 volt cabin lights throughout the vessel. Storage under seats, and in back of seats, hanging locker(s) Upper side storage areas. 12 Volt installed in each cabin area. Functional.

Weems & Plath. Grab Rails:

Condition:

Teak grab rails are secure. Interior is in overall excellent condition.

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 37 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

ENTERTAINMENT ELECTRONICS
Stereo(s):

Main salon: Sea Worthy brand AM/FM/CD player. Unit powered up. Television:

Main salon: Sylvania brand flat screen television that manually raises and lowers. Unit powered up.

GALLEY
Location:

Starboard side, with Formica type surface counter top, and teak trim.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 38 of 80

Stove:

Seaward brand 3 burner propane stove. Unit was not tested, propane was not connected. Refrigeration:

Upright, Norcold, model DE-351D, With freezer. Water system:

Pressurized hot and cold, Tests OK as pump holds pressure.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 39 of 80

Sink(s):

Twin stainless steel deep well, Drains overboard. Microwave:

Storage:

Goldstar, Powers up, well secured. Very good. Cabinets above and drawers and storage areas below the galley.

DINETTE
Table type:

Teak, Excellent condition.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 40 of 80

Seating:

L shaped seating around dinette table.

BERTHS / STATEROOMS
Berths:

Two, Guest stateroom forward in V-berth area, master stateroom in the aft section.

HEAD(S)

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 41 of 80

Number/Location:

Two heads one forward in the guest stateroom on the port side and the second aft in the master stateroom on the starboard side. Toilet(s):

Bemis brand toilets with a manual pump located in the forward head and electric in the aft head. Functional. No leaks sighted.
Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 42 of 80

Sink:

Ceramic decorative bowl. Hot & Cold pressure water fixture at sink. Shower(s):

Handheld fixture.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 43 of 80

Medicine Cabinet:

Yes available and fully functional.

AIR CONDITIONING
Lunaire Marine, 110 volt - reverse cycle. Manufacturer & Type: Locations / BTU Capacity:

Forward cabin- BTU: 16000 Aft cabin: - BTU: 6000.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 44 of 80

Temp Controls:

Rotary temperature controls, The reverse cycle heat setting in the aft unit was not functional. RECOMMENDATION: Investigate and repair A/C unit to allow proper reverse cycle heat function. Filters appeared clean. Surveyor recommends that A/C filter(s) be checked and Filter(s) Condition: cleaned frequently to allow the A/C unit to operate at maximum efficiency. Yes, one for each condensing unit. Functional with drains. Drip trays: Strainer located at A/C raw water pump inlet seacock. Strainer is clear. Hoses are Thru hull strainer: clamped and secure on all fittings sighted. Adequate size and serviceable for application, Hoses are clamped and secure on all Hoses & connections: fittings sighted. Raw Water Cooling Pump: 110 Volt pump functioned well when testing A/C units. Findings: Recommendations: The reverse cycle heat setting in the aft unit was not Have a qualified marine technician investigate and functional. repair A/C unit to allow proper reverse cycle heat function.

ELECTRICAL SYSTEMS
D.C. ELECTRICAL SYSTEMS
D.C. Voltage System: 12 Volt system.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 45 of 80

Engine Start Battery(s):

There are is one batteries located in the engine compartment that is a 4D Lead acid batteries which provide service to the main engine. Generator Battery:

There is one batteries located in the engine compartment that is a Group 24 Gel cell batteries which provide service to the generator.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 46 of 80

House Battery(s):

There are four batteries located in the engine compartment that are 6 volt which provide service to the house and are wired in series to produce 12 volts. Battery Selector Switch:

Battery monitor:

Yes Rotary switch is functional. NOTE: Recommend alternating use of battery one and two when using vessel. Only use the battery switch All position if both batteries are low or when charging with battery charger/alternator. Switched analog gauge to test battery condition.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 47 of 80

Charging System:

Alternator, plus the battery charger is a Outback inverter/charger FX2012MT. Distribution Panel:

Breaker(s)/Fuse(s): Connectors: D.C. wiring: DC Electrical ground: Other notes:

Condition summary:

Yes located in main salon combined with AC Power panel. All D.C. circuits are adequately protected by branch breakers. Ring spade or crimp on connectors sighted for wiring connections. All wiring runs are properly secured every 18" per ABYC E-11 recommendations. DC electrical system is properly tied into vessels electrical ground system using the engine as a common ground. Note: For 12 volt systems, a fully charged battery reads 12.7 Volts, 75% charged battery reads 12.4 Volts, 50% charged battery reads 12.2 Volts, 25% charged battery reads 12.0 Volts and a discharged battery reads 11.9 Volts or less. Check battery condition frequently. Good Condition.

A.C. ELECTRICAL SYSTEMS

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 48 of 80

A.C. Voltage System:

Shore power cord(s): Shore power breaker:

30 Amp - 120 Volt system. Shore Power: provided by Marinco 30 Amp capacity. Two 30 AMP, 50' length.

Dual pole breaker for shore power at main power distribution panel per ABYC recommendations. A.C. Power Selector Switch:

AC / Generator manual break/make lever switch located in main AC panel.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 49 of 80

Distribution Panel(s):

Yes combined with DC power panel. All A.C. circuits are adequately protected by branch breakers. Branch Breakers: Reverse polarity indicator: Functional and outlets tested OK for proper polarity. GFCI Protection:

GFCI equipped 110V outlets have been installed in all wet locations. All GFCI outlets with the exception of one tested okay. An original outlet in the galley right of the sink did not trip when tested.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 50 of 80

A.C. Meter(s):

Wire Type: Wiring Secured: Wire Terminations: Anti-Chafe Protection: A.C. Electrical Ground: Condition summary: Thermal Imaging:

Analog type, Amps. Stranded copper boat cable- size and rating, where sighted, appears correct and serviceable for intended use. Yes all wiring secured every 18" per ABYC and NFPA recommendations. A.C. wiring is properly terminated. No wire nuts or loose connections sighted. Yes sighted at all compartment pass thru locations. A.C. electrical system is properly tied into vessels electrical ground system using the engines as a common ground. Good Condition.

No anomalies were sighted when scanned with a calibrated FLIR thermal camera.

GENERATOR

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 51 of 80

Location/Manufacturer:

Serial number: Kilowatt/Voltage rating: Hour meter:

Engine space, Universal Diesel, Four cylinders. D-G 536-0065. 8 KW.

Generator test:

1422.9 Hours. The generator started without any excess cranking and rapidly came up to speed. Generator maintained voltage when loaded with all AC units running as well as
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 52 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Type of installation: Hoses and clamps:

other AC electrical components. On tray.

Properly double clamped. Good condition-No cracks sighted. Belts and pulleys:

Belts condition are serviceable. No cracks or splits sighted. Pulleys/belts appear to be in line.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 53 of 80

Cooling system(s):

Fresh water / heat exchanger cooled. Oil level and condition:

Clean & full on dipstick. Engine mounts and beds:

Engine mounts appear to be well secured to the support mounting.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 54 of 80

Engine ground cable:

Exhaust piping: Muffler(s):

Generator is properly grounded with a proper size conductor cable. Side hull exhaust.

Fiberglass water lift muffler double clamped at both ends. Ventilation:

Accessibility: Condition summary: Type: Manufacturer: Model number(s):

Blower and natural. Good. Good Condition. Charger / Inverter. Outback. FX 2012 MT.

INVERTER/CONVERTER

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 55 of 80

Location:

Output (volts/AMPs/watts): Condition Summary: Main Bonding Conductor:

Stateroom hanging locker. 2000 Watts. Good Condition.

GROUND/BONDING SYSTEM

Generator set(s) : Through-Hull(s) Connected:

Engine is properly grounded. The remaining ground/bonding system is well established where sighted; Electrical system, Seacocks, Shaft logs, Rudder, Sea Strainers, Pumps, Fuel system/tanks, Hull Zincs were all bonded. The bonding system is using individual green insulated wire or copper strips. Generator engine ground bus.

Yes.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 56 of 80

Propeller Shaft(s) Connected:

Yes. Rudder(s) connected:

Condition Summary:

Yes. Average Condition.

INBOARD PROPULSION SYSTEM

MAIN ENGINE(S)
No./Type/Cylinders

One Ford Lehman 6 cylinder engine.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 57 of 80

Serial no(s): Engine(s) hours:

Main engine: 8751026.

5193.50 Hours. Hoses and clamps:

Good condition-No cracks, soft spots or leakage sighted.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 58 of 80

Belts and pulleys:

Belts condition are serviceable. No cracks or splits sighted. Pulleys/belts appear to be in line. Cooling system(s):

Fresh water / heat exchanger cooled.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 59 of 80

Oil level and condition:

Clean & full on dipstick(s). No evidence of water or cuttings in lube oil as sighted on dipstick(s). Engine ventilation:

Power exhaust ventilation blower(s) are installed and Functional. Fuel filter(s):

Racor fuel filter/water separator, No leaks sighted at filters.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 60 of 80

Drip pad(s) available:

Pads in place to catch fluid drippings. Engine mounts and beds:

Engine mounts appear to be well secured to the support stringers.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 61 of 80

Engine ground cable:

Insulation: Engine(s) operated: Oil Sample Test Results Oil change system:

Engine is properly grounded with a proper size conductor cable. Yes. Yes on sea trial. See sea trial section for details. Yes, samples were delivered to Ring Power Cat laboratory in Tampa. Results to be sent under separate cover.

Other notes:

Engine room summary:

Oil pan discharge hose for manual pump out. NOTE: It is good practice when buying a used vessel that all fluids (Engine and Outdrive) be changed and the raw water cooling impeller(s) also be changed. As stated in the Terms and Conditions agreement, It is understood that the attending surveyor is not an engine/transmission surveyor. As such, I recommend that all gasoline engines and transmissions be inspected by a qualified engine surveyor/mechanic to determine the internal condition of the engine(s), transmission gears, and pumps, heat exchangers, coolers, etc. Engine room is exceptionally clean and uncluttered.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 62 of 80

Thermal Imaging

The engine(s) were viewed with a FLIR thermal camera operating under a load. Engine(s) operating temperatures, electrical connections and cooling systems all showed no anomalies indicating engine(s) is operating within proper limits.

EXHAUST SYSTEM
Muffler(s):

Discharge location(s):

Fiberglass waterlift, No visible leaks or water tracks sighted. Transom, with rubber flappers for following seas.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 63 of 80

Piping/Clamps:

Condition summary:

Stainless steel metal and flex hose. Securely double clamped as required. No cracks soft spots or evidence of leaks sighted in exhaust system. Good Condition.

TRANSMISSION(S)
Manufacturer/Model:

Serial no(s): Gear ratio:

Velvet Drive, 10-18- 012. 4124. 2.0.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 64 of 80

Fluid level and condition:

Good, Fluid levels show full, fluid is bright red and does not smell burnt. Propeller shaft(s):

Condition summary:

1-1/2", Stainless steel, No pitting, cracks or corrosion sighted. Good Condition.

STEERING SYSTEM
STEERING SYSTEM

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 65 of 80

Type:

Mounting(s): Rudder stock(s): Packing gland(s): Condition Summary:

Morse, Cockpit Wheel steering, Hydraulic lines and ram cylinder with attached rudder tiller on rudder stock. Cylinder & ram actuator well secured-no leaks sighted. Visually sound, 1 1/4" Stainless steel. No leakage or water tracks sighted. NOTE: Monitor rudder packing gland frequently for leaks. Rudder packing glands should always be totally dry. Good Condition.

TANKAGE
FUEL TANK(S)
No & Location:

Tank Type & Capacity: Manufacturer' s Label(s): Fuel Supply Lines:

Two tanks located In engine space, on the port and starboard sides. 198 gallons capacity each - 5052 Aluminum. Tank manufacturer label was not sighted on fuel tank. ------ Recommend owner verify that the fuel tank meets all USCG requirements. USCG A1 flex hose from tank to fuel pump. No cracks, soft spots or splitting sighted. Serviceable NOTE: Most fuel hose manufacturers now recommend fuel hoses be replaced every five years.(just like replacing older signal flares). This is more important with the introduction of ethanol into gasoline as hoses can and do deteriorate from the inside. The date of manufacture is imprinted on all USCG approved fuel hoses ....... Consider replacing all flexible fuel hoses every 5 years
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 66 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Diesel Return Line(s): Shut Off Valve(s):

as a part of routine maintenance. Engine uses grade USCG Type A1 return line. No cracks, soft spots or splitting sighted. Serviceable.

Vent line/location: Fill line(s) located: Fill Pipe & Condition: Fuel fill grounded: Tank(s) grounded: Tank(s) secured: Tank(s) on flat surface: No & Locations of Tank(s):

Ball valves at manifold are functional. Hose type, USCG A2 on hull sides. Side decks. USCG Type A2 flex hose. Fuel fills are properly grounded to the fuel tanks. Yes-Grounded properly. Yes straps with chafe protection. The bottoms of the tanks are adequately ventilated.

FRESH WATER TANK(S)

Tank(s) Type & Capacity: Tank(s) Secured: Inspection/Cleaning Access: Tank(s) Condition: Water Pump(s): Filling Line(s) Located: Shore Fresh Water Inlet:

Two tanks under mid cabin / aft berth area. Aluminum with a capacity of 175gallons total. Yes. Good. Visually good (where accessible) 12 Volt, pump powers up and pressurizes the water lines. No leaks or pump cycling. Aft deck. NOTE: Be sure that dockside water pressure is turned off when the boat is unoccupied for any length of time. A burst hose or other water system malfunction could cause serious damage to the vessel or possibly sink the vessel at its assigned
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 67 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Condition Summary:

slip. Good Condition.

HOLDING TANK(S) - BLACK WATER

Marine Sanitation Device: Certification Type: MSD U.S.C.G. Type III. (Holding tank). Waste tank is connected to deck waste fitting for pump out. No & Location of Tanks: One holding tank located under cabin sole. Tank(s) Type & Capacity: Aluminum with a capacity of 48 gallons. Tank Monitor System:

Tank(s) Secured: Tank(s) Condition: Lines: Macerator Pump(s): Condition Summary:

Tank Watch system. Yes. Visually good (where accessible) Sanitation hose. 12V, pump powers up. Good Condition.

WATER HEATER
Tank Location:

Manufacturer/Capacity: How Powered: Pressure Relief Valve(s):

Engine compartment. Seaward 11 US gallons capacity. 110V with heat exchanger coil. Yes- Drains into bilge area.
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 68 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Outer Tank Material: Tank(s) Secured: Inspection/Cleaning Access: Ignition protected: Condition summary: No & Location of Tanks:

Stainless steel. Yes. Good. Yes, Water heater is marine type and ignition protected. Good Condition.

LPG (PROPANE) TANK(S)

Secured: Tank Type & OPD: Regulator(s):

One tank located on the bridge deck mounted to the mast step. Yes. Aluminum alloy. Yes-Appropriate LPG regulator.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 69 of 80

Pressure Gauge(s):

Pressure gauge is installed and holds pressure when main gas valve is turned off indicating no leaks in the system. NOTE: Always retest for leaks when removing or refilling LPG tank. Shut Off Valve(s):

Supply Lines:

LPG shut off valve at the tank top. In addition an LPG electrical solenoid shut off valve switch is available near the galley and is functional. Flex LPG type hose. Good condition where could be sighted.
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 70 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Condition summary:

Good Condition.

SAFETY EQUIPMENT
U.S.C.G. REQUIRED
Navigation Lights:

All Navigation lights are fully operational. Life Jackets(PFD's):

The following USCG approved life jackets were sighted on board: 5 USCG Type II, All appear to be in good condition. Throwable Type PFD's:

The type of USCG approved throwable PFD devices sighted were: USCG approved Lifesling rescue system device, (2) USCG approved buoyant cushion(s), USCG approved Ring buoy(s) All appear to be in good condition.
Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 71 of 80

Visual Distress Signals:

(4) 12 Ga Aerial, (4) Red hand held, Signals are current plus (7) expired spares NOTE: All visual distress signals have a printed expiration date- 3 years from date of manufacture. It is recommended that expired signals be retained for backup. You must have at least three aerial or three red hand held signals that are current. Sound Devices:

Electronic hailer fog signal / horn is available and functional. Functional ships bell available. Onboard Air Horn:

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 72 of 80

USCG placards:

MARPOL (Garbage) placard is posted. NO Oil Pollution Placard was sighted in or near engine compartment. RECOMMENDATION: USCG regulations state vessels over 26' must have a minimum of a 5" X 8" placard posted. Install a USCG approved ''No Discharge of Oil'' placard in or near engine space to comply with 33 CFR 155.450 and to avoid a potential large fine. Power exhaust ventilation blower(s) are installed and fully operational. Engine ventilation: Yes - all electrical equipment sighted in the engine space appears to be OEM / Ignition protection: Ignition protected equipment. Findings: Recommendations: NO Oil Pollution Placard was sighted in or near engine USCG regulations state vessels over 26' must have a compartment. minimum of a 5" X 8" placard posted. Install a USCG approved ''No Discharge of Oil'' placard in or near engine space to comply with - 33 CFR 155.450 and to avoid a potential large fine.

FIRE FIGHTING EQUIPMENT

Dry Chemical Size I: One USCG approved USCG approved extinguisher(s) sighted at the following locations: Upper deck.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 73 of 80

Dry Chemical Size II:

Findings:

Four USCG approved USCG approved extinguisher(s) sighted at the following locations: Engine space Aft cabin Galley All gauge(s) read full except one extinguisher located in the galley. Recommendations:

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 74 of 80

Have a qualified fire extinguisher technician charge or replace the extinguisher.

One extinguisher located in the galley is not charged.

BILGE PUMPS
ELECTRIC PUMPS:

SHOWER & SUMP PUMP(S): Bilge Pump Comments:

One electric pump. Located at: Engine compartment bilge Rule 12 volt, 2000 GPH, Pump powers up when switched on manually. One pump. Rule 800 pump in sump tank-not tested. CAUTION---- Bilge pumps are high maintenance items. Bilge pumps are only the initial part of a de-watering system, which may include a strum-box, check-valves or occasionally anti-siphon loops and valves, piping, a seacock if the exit is below
Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 75 of 80

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

waterline and a thru-hull tailpiece. This entire system must be understood and maintained. Bilge pumps may fail at any time. No warranty as to longevity can be expressed or implied at survey. Tapered wooden plugs tied to seacocks are an inexpensive safety item and highly recommended under current ABYC standards. Keeping bilges clean and free of debris is a vital part of insuring proper operation. It is also recommended that each bilge pump be periodically tested by filling the immediate bilge area with water, to ensure the pump(s) and float switch(s) are operating as designed.

GROUND TACKLE
Primary anchor:

Rocna 55 Lbs anchor with 3/8 " 250' length of raw chain, 150' 3/4" anchor line, anchor/rode shackle pins are all properly seized.

AUXILIARY SAFETY EQUIPMENT

Carbon Monoxide Detectors: NOTE: During the burning of any of fuels, Carbon Monoxide ( CO ) gas may be created due to incomplete combustion from propulsion systems, cabin heater or stove as well as nearby boats running generators. Adequate ventilation must be provided at all times while burning any of these fuels, but CO may also be drawn into the cabin through ventilation systems. This is especially true of boats running air conditioning. CO is a silent menace and kills without warning, Regular testing of installed CO detectors in any occupied spaces below decks is highly recommended.

SEA TRIAL
SEA TRIAL DETAILS

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 76 of 80

Date & Time:

Attendees: Vessel operated by: Cruising RPM/Speed Full Throttle RPM/Speed Start test: Cranking: Exhaust smoke: Instruments: Auto Pilot: Steering:

1/27/14 from 1:30 PM to 2:30 PM. Mr. Geoffrey Dawson, Mr. Mark DeCicco, Laura DiSangro, and J. Chet Stephens the attending surveyor. Mr. Geoffrey Dawson. 1800 RPM/ 5.5 Kts. 2200 RPM/ 7 Kts. Each engine started properly during the power up phase of the sea trial. The engine(s) started without excessive cranking. Engine alarms are functional. The engine(s) exhaust smoke was minimal and appeared normal throughout the sea trial. The engine instruments all operated and within normal operating limits at idle, and maximum throttle. Auto pilot was tested and found fully functional. Steering worked properly when tested. The vessel steered a complete radius of approximately 00 feet on the starboard and port turns hard over. Vessel stability was good during turning. The throttles controls worked properly and smoothly during the sea trial. The transmissions operated normally/smoothly. The back down test was satisfactory. Engine mounts secure & No unusual movement of the engine(s) was sighted. Vibrations and engine noise were minimal during the sea trial. There was NO noticeable shaft creep with engine(s) running and with gears in neutral. No leaks were sighted in any of the lines or hull spaces of the vessel. Both rudder packing glands were dry at the conclusion of the sea trial.

SEA TRIAL OBSERVATIONS

Throttle levers: Transmissions: Backdown: Vibrations Shaft Creep: Leaks: Rudder packing glands:

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 77 of 80

INSPECTION RECOMMENDATIONS SUMMARY

PRIORITY I - SAFETY & REGULATORY RECOMMENDATIONS: (MAY BE MANDATORY)

The items listed are required by state laws or federal laws and U.S.C.G. regulations or are considered by the attending surveyor to represent unsafe operating conditions. Recommend these items be corrected before next use of vessel. U.S.C.G. REQUIRED Findings: NO Oil Pollution Placard was sighted in or near engine compartment. Recommendations: USCG regulations state vessels over 26' must have a minimum of a 5" X 8" placard posted. Install a USCG
approved ''No Discharge of Oil'' placard in or near engine space to comply with - 33 CFR 155.450 and to avoid a potential large fine.

FIRE FIGHTING EQUIPMENT Findings: One extinguisher located in the galley is not charged. Recommendations: Have a qualified fire extinguisher technician charge or replace the extinguisher.

PRIORITY II - MAINTENANCE & STANDARDS RELATED RECOMMENDATIONS: (NOT NORMALLY MANDATORY)

These are important maintenance items sighted which in this firm's opinion should be performed. They may also include recommendations to conform to current ABYC and NFPA-302 voluntary standards which may not have been in effect or may not have been adhered to by the builder when the vessel was constructed. Some of these, if not addressed, could lead to a Priority I safety issue and/or may result in a reduced vessel market value.

OTHER OBSERVATIONS:
These are other less significant maintenance items or observations that if not addressed, could lead to more important priority issues and/or could lead to a reduced vessel market value. The cost of addressing these recommendations is generally minimal. HULL BOTTOM Findings: Early stage osmotic blistering noted (blisters are small and hard) Recommendations: Monitor condition at future haul outs and correct when blisters become larger or are easily broken. ANODES Findings: Rudder anode appears to be more then 40% wasted. Recommendations: Replace rudder anode. AIR CONDITIONING Findings: The reverse cycle heat setting in the aft unit was not functional. Recommendations: Have a qualified marine technician investigate and repair A/C unit to allow proper reverse cycle heat function.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 78 of 80

CONDITION & VALUE REPORT SUMMARY

DECLARATION:
Rating of vessel condition was determined upon completion and review of all reported survey information including recommendations and comparing vessel to the same or similar age models. Possible vessel condition ratings are as follows: EXCELLENT ABOVE AVERAGE AVERAGE - Essentially as new or bristol in appearance. - Has had above average care with no obvious defects or limitations. - Ready for sale but needs some maintenance or repairs, updates or cleaning.

BELOW AVERAGE - Needs significant maintenance, repair or service.

Estimated fair market value was determined by cross referencing data from Soldboats.com, BUC, ABOS, NADA, Powerboat Guide and other brokerage listings or local dealers. Adjustments are then made for condition or equipment as necessary. The fair market value is for the vessel in it's current condition prior to any repairs or maintenance. Estimated replacement cost was determined using information obtained from BUC, ABOS or local dealer prices using the same or similar make and model with similar equipment options. RATING OF VESSEL CONDITION.............ABOVE AVERAGE CONDITION ESTIMATED FAIR MARKET VALUE........$68,000.00 ESTIMATED REPLACEMENT COST.........$350,000.00 INTENDED USE OF VESSEL.......................Pleasure-Coastal and Inland Waterways SUITABILITY FOR INTENDED SERVICE: Vessel IS considered fit for it's intended use and upon correction of all listed Priority I recommendations.

NOTE: All "Priority II" and "Other Recommendations" should be thoroughly reviewed to bring vessel up to current standards and or improve the value of the vessel.

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 79 of 80

CONDITION & VALUE REPORT SUMMARY

CLOSING STATEMENT & SIGNATURE:

SUMMARY: In accordance with the request for a marine survey of the 1987 Hershine Newburyport, for the purpose of evaluating its present condition and estimating its fair market value and replacement cost on the date of the survey. I herewith submit my assessment based on the preceding report. The vessel was personally inspected by me (the undersigned) and a sea trial was performed on January 27th, 2014. Subject to the corrections of the deficiencies listed in the red and green summary page, the vessel will be considered to be suitable for its intended use. Other deficiencies listed in the blue findings should be attended to in a timely fashion. SURVEYORS CERTIFICATION I certify that, to the best of my knowledge and belief: The statements contained in this report are true and correct. The reported analysis, opinions, and conclusions are limited only by the reported findings, but may also extend to the statements of the owner, captain, or representative of the vessel. My report may also be limiting based upon the conditions that the survey may bring. My findings and conclusions are from my best efforts from professional analysis, opinions, and conclusions which are based upon my experience and training. I have no present or prospective interest in the vessel that is the subject of this report, and I have no personal interest or bias to the parties involved. My compensation is not contingent upon the reporting of a predetermined value from any party, nor the direction in value or direction in a value assessment that favors the cause of the client. My compensation is not contingent upon the amount of the value estimate, the attainment of a desired result, or the occurrence of a subsequent event. I have made a personal inspection of the vessel that is the subject of this report. This appraisal is submitted in confidence for the exclusive use of Mr. Mark DeCicco without prejudice to the rights and / or interests of any other concerned parties and may not be used for any other purpose or relied upon by any other person.

ATTENDING SURVEYOR:

J. Chet Stephens
J. Chet Stephens SA Society Of Accredited Marine Surveyors

Surveyed for: Mr. Mark DeCicco - 1987 Hershine 37 Trawler Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL

Report file #: 14-0007 1987 Hershine Newburyport 37 Page no: 80 of 80